ENERO GROUP LIMITED — Earnings Release 2007

Aug 21, 2007

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22 August 2007

ASX/MEDIA RELEASE

PHOTON GROUP LTD (PGA) EBITDA INCREASES 60% TO $45.1M

NET PROFIT INCREASES 38% TO $16.3M

RESULTS HIGHLIGHTS:

• Total Revenue $307 million. Net Revenue grew 56% to $195 million.

• EBITDA Growth of 60% to $45.1 million, up from $28.1 million last year.

• Net profit increased 38% to $16.3 million.

• Photon made 10 acquisitions during the 2007 financial year.

• Dividend per share fully franked 13c (making full year payout 23c).

Mr Tim Hughes, Executive Chairman of Photon Group Limited, said, “these results

reflect the fact that we own a diverse group of marketing services and communications companies that collectively are growing much faster than traditional media and advertising. On top of this we have continuing opportunities to build our group through acquisitions of like minded, entrepreneurial and fast growing companies in the marketing and communications sector.”

“EBITDA increased to $45.1 million and net profit grew 38% to $16.3 million.

Shareholders have been rewarded with a final dividend of 13 cents per share. Since

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year end we have announced a new corporate structure comprising of 5 divisions and our intention to expand into international markets with our existing businesses that will be supplemented by acquisitions of local companies. We have already moved into United Kingdom, USA and China. We expect to announce a number of acquisitions in Australia and internationally over the next few months.”

Reviewing the results, Photon Group Chief Executive Officer, Mr Matthew Bailey said, “The Marketing and Communications sector has been strong. During the year our Experiential & Field Marketing, Internet Marketing & Communications and Specialised Communications divisions were very strong. Search engine marketing, public relations, public affairs, merchandising, field force sales & implementation and experiential marketing were stand out performers. The Integrated Communications & Digital agency division was inconsistent and the research sector within the Strategic Intelligence division was flat throughout the year. Overall we are very pleased to see margin improvement up to 23.2% verse 22.5% the prior year. Organic growth in earnings for businesses owned for the full year was 10%. Overall, group net profit grew 38%.”

“During the year we made 10 acquisitions including our first acquisition in the UK and USA. Since year end we have made another 4 acquisitions. The outlook for our existing businesses is very healthy. Naturally, we are exploring further acquisitions that will benefit the group.”

Photon today declared final fully franked dividends of 13 cents per share. The record date for the dividend is 28 September. The dividend will be paid 18 October.

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Photon Group is a specialist marketing services company comprised of five strategic divisions: Strategic Intelligence, Integrated Communications & Digital, Field Marketing, Internet Marketing & Communications and Specialised Communications.

Contacts:

Tim Hughes Matt Bailey Photon Group Limited Photon Group Limited 0419 555 733 0413 337 722

Martin Cole

CPR

0403 332 977